Sensex Gains For 5th Day, Up 54 Pts; State By State, Battle For White House Goes To Voters

Tuesday, Nov 06, 2012 LEAD STORIES SENSEX UP 54 PTS; BANK STOCKS LEAD, CIPLA AT RECORD HIGH   Markets gained amid volatility in late trade on firm European cues ahead of U.S. Prez elections. Sensex at 18,817.38. Nifty up 20 pts at 5,724.40. read more GOATS AS INVESTMENT CASH COWS, SEBI SMELLS FOUL PLAY   Beetal Livestock & Farm which promises hefty monthly returns of 2% on investments made for rearing goats has come under the SEBI scanner. read more RS 90-CR LOAN TO SONIA-RAHUL FIRM. WHAT IS THE TRUTH?   Contrary to Congress' claim that Rs 90 cr loan was to revive Associated Journals, it was to enable Sonia, Rahul firm to take over Associated Journals. read more STATE BY STATE, BATTLE FOR WHITE HOUSE GOES TO VOTERS   Americans started to vote with polls showing President Barack Obama and Republican challenger Mitt Romney in a close race. read more TOP STORIES • Mfg sector may record subdued growth in Q3: FICCI   • KF will not fly if it doesn't get capital by Nov 30: SBI   • Rupee recovers by 17 paise to 54.43/$   • Tata Steel to fight Orissa govt fine of Rs 6,000 cr   • India will defer spending to rein in fiscal deficit   • JNPT's 4th container terminal to go for fresh tender   • 4 firms in fray to buy GMDC's bauxite calcination unit   • Rolta acquires US-based AdvizeX for $32mn   • SEBI to meet banks, KRAs for KYC job in Sahara case   • RBI 'bans' post-dated cheques for NBFCs   • Steel industry reels under input cost pressure   • Hindalco's Q2 net drops 29% to Rs 359 cr on input cost   • Indian Hotels posts Q2 net loss of Rs 6.3 cr   • Tata Power Q2 net loss narrows to Rs 84 cr   • Motherson Sumi Q2 net up 5-fold at Rs 138 cr   • Bharat Forge to set up SEZ for educational institutions   • Volkswagen enters used car business in India   • 30 mn Gen-Z consumers in India own mobile phones   • Netflix seeks to fend off Icahn with poison pill   • China leaders consider internal democratic reform   more stories TOP VIDEOS DEVIL'S ADVOCATE: Despite Opposition From Some Congress MP A Number Of Pending HRD Bills Will Be Passed During The Coming Winter Session: Shashi Tharoor, MoS, HRD   The Best Outcome For The U.S. Equity Market Is, 'Let's Get The Election Out Of The Way': Andrew Economos, JPMorgan AMC   AT A GLANCE BSE 18817.38 +54.51 NSE 5724.4 +20.2 TURNOVER Rs. 118,849 cr BSE CASH Rs. 2,242 cr NSE CASH Rs. 9,464 cr NSE F&O Rs. 88,176 cr BULLION GOLD 30866 -28 SILVER 58464 -110 CRUDE NYMEX 86.41 +0.76 BRENT 109.25 +1.52 FOREX $ / Re 54.43 -0.17 £ / Re 86.958 -0.25 € / Re 69.701 -0.13 EVENTS TO WATCH 6-8 November World Economic Forum on India 2012 On 'From Deliberation to Transformation', Gurgaon, New Delhi 8 November SC To Hear Matter Regaring Cancellation Of Tata Tele Spectrum 18th National Congress Of The Chinese Communist Party, Beijing 12 November 2G Auction For Spectrum Allocation Begins 16-17 November HT Leadership Summit

"I was the minister of petroleum and natural gas. Anybody who handles this portfolio will be totally frustrated as nobody knows why the oil prices increase. That is the mystery economists have to solve." Jaipal Reddy Minister, Science & Technology "Banks consortium has done everything possible to make the company (Kingfisher) work. Only the company is not working... The management has to get capital. We have given time till November 30 that they should get capital otherwise the company will not fly." Pratip Chaudhuri Chairman, State Bank of India "When Mr. Kejriwal approached me in September 2012 asking for financial assistance, I declined. Hence, I have not financially supported Mr. Kejriwal's political activities." NR Narayana Murthy Co-founder, Infosys